The Harvard Crimson :: News :: Faust Hopeful at Faculty Meeting
University officials advanced budget cutting measures at yesterday’s meeting of the Faculty of Arts and Sciences, suggesting a likely slowdown in Allston construction and preparing to distribute long-awaited guidance for budget reductions to departments and centers later this month.
“Although it is clear that Allston is Harvard’s ultimate future, that future is going to be arriving a lot more slowly than we’d thought,” she said.
Faust’s comment was the first public suggestion that construction in Allston will slow due to the financial crisis.
The Allston project has become a point of contention in recent months due to its hefty price tag and long-term nature, which some argue should make it subordinate to more immediate expenditures.
Faust said the administration hopes to make decisions “soon” regarding the specific timeline for Allston.
Though the University may not face the perils of disease or warfare, wrangling with a fiscal crisis may pose comparable difficulties, said Faust, a specialist in the history of the antebellum South.
“I think of Harvard living through all kinds of crises, ranging from the Revolution to the Civil War to the small pox epidemics,” Faust mused. “I think this moment ranks up there in Harvard’s historical challenges.”